File2-page16 - 1.3.1 The Agenda for Reducing poverty 1....

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Redistribution, Growth and Welfare Real GDP per capita Figure 8: Manufacturing output in Indian states: 1960-1997 year Registered manufacturing output Unregistered manufacturing outp Andhra Pradesh 0 200 400 600 Assam Bihar Gujarat Haryana 0 200 400 600 Karnataka Kerala Madhya Pradesh 0 200 400 600 Maharashtra Orissa Punjab Rajasthan 1960 1970 1980 1990 2000 0 200 400 600 Tamil Nadu 1960 1970 1980 1990 2000 Uttar Pradesh 1960 1970 1980 1990 2000 West Bengal 1960 1970 1980 1990 2000 p ˆ β s ¯ P g s : the average reduction s ( g s ¯ g ) : effect associated with deviation of growth rate from mean
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Unformatted text preview: 1.3.1 The Agenda for Reducing poverty 1. Human Capital Developed & developing countries - each additional year of school-ing is associated with a 6-10 % increase in earnings (DuFo, 2001)- investment in education can be used to attack poverty both by encouraging economic growth and as a method of redistribu-tion to the poor- but how can education be expanded? Development Economics, LSE Summer School 2007 13...
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This note was uploaded on 12/29/2011 for the course ECO 307 taught by Professor Dublin during the Spring '10 term at SUNY Stony Brook.

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